Understood. So based on current volume it would take approximately 11 trading days for them to buy back their shorts.
Generally a days to cover ratio of 3 or higher is considered to be relatively high.
Short Squeeze on the Horizon? Rising Short Interest and Increasing Share Price, page-9
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Last
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $152.8M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.5¢ | 46.5¢ | $188.6K | 403.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 173825 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 271280 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PBH (ASX) Chart |